After mobilizing $1.77 billion in 2025, the World Bank is preparing a new funding program for Morocco in the 2026 fiscal year, with three projects currently under negotiation.
The first loan, amounting to $200 million, aims to enhance the Kingdom’s climate resilience. This funding is part of a Disaster and Climate Resilience Program designed to support the implementation of the National Disaster Risk Management Strategy (2021-2031). It will help protect critical infrastructure, develop early warning systems, and strengthen flood risk management and responses to extreme natural events, building on pilot initiatives conducted in Fez and Mohammedia. This initiative addresses Morocco’s high exposure to earthquakes, floods, droughts, and landslides, as illustrated by the Al Haouz earthquake in 2023.
The second loan, of $50 million, is intended to modernize the Moroccan judicial system. It aligns with the new development model and the 2011 constitutional reform, aiming to make justice more effective, transparent, and accessible to citizens and businesses. The funds will be used to digitalize procedures, renovate infrastructure, train judges and judicial staff, and develop innovations such as mobile courts and the Gender Justice Framework, promoting inclusion and equality.
The third financing, amounting to $210 million, pertains to the pumped storage power station (PSPS) of Ifahsa, located south of Tetouan. With a capacity of 300 MW, this plant will facilitate better integration of renewable energy into the national electricity grid and enhance energy security. The project is led by ONEE and will be part of a comprehensive program targeting 1,000 MW of hydraulic storage capacity by 2030, complementing the Abdelmoumen and El Menzel plants. The financing also includes contributions from the African Development Bank and the Clean Technology Fund.
These three projects reflect the World Bank’s ongoing commitment alongside Morocco to support its ambitions for sustainable development, institutional modernization, and energy transition.
With Le Matin